Sees bad rust in features found in road (9)

I believe the answer is:

construes

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'features found in road' is the definition.
Although both the answer and definition are verbs in their -s form, I don't understand how one could define the other.

'sees bad rust in' is the wordplay.
'sees' becomes 'cones' (I can't explain this - if you can you should give a lot more credence to this answer).
'bad' indicates an anagram.
'in' indicates putting letters inside.
'rust' anagrammed gives 'stru'.
'cones' enclosing 'stru' is 'CONSTRUES'.

Can you help me to learn more?

(Another definition for construes that I've seen is " explains".)

I've seen this clue in The Telegraph.

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